CIPS L4M5 Q&A - in .pdf

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  • Exam Code: L4M5
  • Exam Name: Commercial Negotiation
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  • Exam Code: L4M5
  • Exam Name: Commercial Negotiation
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NEW QUESTION: 1
You have a Microsoft Exchange Server 2019 organization that contains an Edge Transport server named Edge01. Edge01 has 50 transport rules.
You deploy a new Edge Transport server named Edge02.
You need to ensure that Edge01 and Edge02 have the same transport rules.
What should you do?
A. Run the Set-TransportConfig cmdlet
B. Create a new subscription for Edge02
C. Run the ExportEdgeConfig.ps1 and ImportEdgeConfig.ps1 PowerShell scripts
D. Export the Edge Subscription from Edge01 and import the Edge Subscription to Edge 02
Answer: C

NEW QUESTION: 2
In IBM Sametime 9.0, Sametime Community Server user login/logout data can be logged in either a text file or in an IBM Domino database.
How and where does an administrator change how user login/logout data is stored?
A. By using a text editor to edit the notes.ini file located in the Domino server program directory
B. By using a text editor to edit the sametime.ini file located in the Domino server program directory
C. By using an IBM Notes client to edit the LogOutputs document in the Sametime Configuration database m the Sametime Community Server
D. By logging in to the Sametime System Console and changing the Log Outputs box under the Community Services tab for a Sametime Community Server
Answer: B
Explanation:
Reference:
http://www01.ibm.com/support/knowledgecenter/SSKTXQ_8.0.0/com.ibm.help.sametime.imlu.doc/st_ adm_ldap_renamedllfiles_t.html

NEW QUESTION: 3
Which one of the following would not be included as a reason for the company to use EFT with the EDI system?
A. To take advantage of the time lag associated with negotiable instruments.
B. To improve its cash management program.
C. To reduce input time and input errors.
D. To allow the company to negotiate discounts with EDI vendors based upon prompt payment.
Answer: A
Explanation:
The float period is the time lag between transmittal of a regular check a negotiable instrument and its clearance through regular banking channels. Float is eliminated by EFT.
A multinational company has an agreement with a value-added network VAN) that provides the encoding and communications transfer for the company's electronic data interchange EDI) and electronic funds transfer EFT) transactions. Before transfer of data to the VAN, the company performs online preprocessing of the transactions. The internal auditor is responsible for assessing preprocessing controls. In addition, the agreement between the company and the VAN states that the internal auditor is allowed to examine and report on the controls in place at the VAN on an annual basis. The contract specifies that access to the VAN can occur on a surprise basis during the second or third quarter of the company's fiscal year. This period was chosen so it would not interfere with processing during the VAN's peak transaction periods. This provision was not reviewed with internal auditing. The annual audit plan approved by the board of directors specifies that a full audit would be done during the current year.

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